188bet亚洲真人体育下载 offers 建议 on 2019-2020 IRS guidance priority list

The American Institute of CPAs (188bet亚洲真人体育下载) has submitted more than 140 建议 to the Internal Revenue Service (IRS) in reference to the agency’s 2019-2020 Guidance Priority List.

In the letter, the 188bet亚洲真人体育下载 identifies and prioritizes guidance projects it believes the U.S. Department of the Treasury and the IRS should address through various means, 包括规定, 收入裁决, 收入程序, notices and other published administrative guidance.

High priority 建议 relate to projects following the implementation of the 税 Cuts and Jobs Act. Recommendations address tax issues affecting individuals, businesses and exempt organizations, including projects related to domestic and international businesses and business partnerships; crowdfunding (such as GoFundMe, KickStarter) and the shared economy (such as Uber, Lyft, Airbnb); virtual currency (such as cryptocurrency, bitcoin); nonprofit donations; and distribution of 529 plans.

Recognizing the complexities and competing interests when drafting guidance, the 188bet亚洲真人体育下载 urged the IRS to consider the following guidelines as part of the process:

• Use the simplest approach to accomplish a policy goal;
• Provide safe harbor alternatives;
• Offer clear and consistent definitions;
• Use horizontal drafting (a rule placed in one Internal Revenue Code section should apply in all other Code sections) to the greatest extent possible;
• Build on existing business and industry-standard record-keeping practices;
• Provide a balance between simple, general rules and more complex, detailed rules; and
• Match a rule’s complexity to the sophistication of the targeted taxpayers.

Suggestions are listed under the 188bet亚洲真人体育下载 working group that developed them and 建议 are listed in priority order within category.